HB Reavis sells Budapest project, plans 130,000 sqm scheme
Investment & finance
schedule 31 March 2016
Agata Kłapeć
The eight-storey property offers 21,000 sqm of office space
1 / 1
HUNGARY HB Reavis Group has completed the sale of its Váci Corner Offices building in Budapest.
The office property was taken over by a group of investors led by the asset and property management company Zeus Capital Management. The transaction was financed by UniCredit Bank Hungary and supported by CBRE Hungary.“The acquisition of Váci Corner Offices fits perfectly with the investment strategy of our newest investment platform targeting Central East and South East Europe. This is our first transaction in the Budapest market and we are pleased to have acquired one of the prime
Warehouse developers now more cautious
Warehouse developers now more cautious
Avison Young
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
The rise of prefab concrete
The rise of prefab concrete
Spectis
According to the ‘Sector of heavy precast concrete products in Poland 2025-2030’ report, the combined revenues of the 50 largest precast manufacturers in 2023 came to P ...
Modern offices for modern officials
Modern offices for modern officials
Newmark Polska
Public sector relocates to modern offices The commercial office real estate sector is experiencing growing leasing demand from state institutions. Class A office buildings, featur ...